This is very easy and only takes a few seconds. With the Select tool active, click on the text to select it and then go to Path > Object to Path. That's all there is to it, though do note that you'll no longer be able to edit the text, so it's worth checking for spelling mistakes and typos beforehand.
On the next page I'll show you how you can overlap the letters of the text and then combine them into a single path.
